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Global ICT Regulatory Outlook 2017

image of Global ICT Regulatory Outlook 2017

This Global ICT Regulatory Outlook 2017 is the first of an annual series of reports tracking market and regulatory trends in the information and communication technologies (ICT) sector and their implications across the economy. Understanding current trends and challenges across ICT markets and regulatory frameworks can help address the gaps and capitalize on unexplored opportunities. This report provides useful insights and a clear, evidence-based perspective to do that. This report is also a key resource on smart, inclusive and forward-looking ICT regulation. Its findings can provide useful guidance in reviewing and upgrading regulatory frameworks for the ICT sector as the basis for the digital economy today and for the future. The report reaches out to the regulatory community worldwide, policy-makers, industry and the ICT community in general

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Harmonization across regions accelerates

Regional policy and regulatory frameworks are based on best national, regional and international practices. The trend towards regional harmonization is not new. Multiple organizations have led targeted projects in various regions. From 2008 to 2013, ITU and the EU championed a large-scale joint project for harmonizing policies on competition, licencing and e-commerce in sub-Saharan Africa, the Caribbean and Pacific Islands. The project was well supported regionally and has had an overwhelmingly positive impact,136 demonstrating how harmonized regulation can help develop competitive regional markets for ICT services. Harmonization within a region enables vibrant competition – global or regional players can compete with local players in areas like payment, entertainment, cloud services and in the deployment of big data-enabled business models.

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